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Listing Id: 26645 Last Refreshed: 08/01/2023 1248 Views

Dry Cleaning + Clothing Alteration Shop Looking For Takeover

Closed
Asking Price S$12,000
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
Investor
Premise Status
Rent
Premise Type
Shopping Mall

Business Details

Reason For Sale

To focus on other businesses

Description

Our nicely renovated retail dry cleaning + alteration shop is located at Novena Mall, right on top of the Novena MRT station. As our shop is located in between Koufu Food Court & NTUC Fairprice, we have high visibility and shopper traffic flow.


We also have a steady flow of customers ranging from medical practitioners who work nearby (Novena Medical Centre, Novena Specialist Centre, TTSH etc.) to residents who stay near the mall to PMETs who work nearby.


Our shop has two streams of revenue:

1)     laundry + dry clean service

2)     clothing alteration service

 

What is included:

-        all furnishing & renovation that worth close to $55,000

-        sewing machines 

-        POS support

-        Nicely decorated website

-        5 Stars (5.0/5.0) based on google review

-        Factory & logistic support (new owner has the option to use the existing factory & delivery team or to use new one)

-        Seller’s commitment to stay on for 2 months and provide consultation and training (if needed) if Buyer is new to this industry


 Plus point:

-        Low rental

-        Low electricity & general expenses

-        In an established shopping mall

-        High average price per order  

-        Regular & repeat customers

-        Steady flow of customer & new customers every month

-        No debt

-        All furniture & equipment have been paid for

-        Potential for growth – you can add new services like shoe cleaning & bag spa to increase your revenue

-        Potential for growth – you can also add membership system to earn membership fees


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